Apartment 70 Marconi House Melbourne Street

    APARTMENT 70 MARCONI HOUSE, MELBOURNE STREET, NEWCASTLE UPON TYNE, NE1 2JS

    This flat/maisonette leasehold property on Melbourne Street last sold in February 2016 for £114,950. Based on price growth in the NE1 district since then, its estimated current value is £132,220 — placing it in the 9th percentile nationally and the 34th percentile within NE1. The property covers 25 m² (269 sq ft), giving an estimated value of £5,289 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    269 sq ft

    25 m²

    Last Sale Price

    £114,950

    Feb 2016

    Estimated Valuation

    £132,220

    Est. £/sq ft

    £491/sq ft

    £5,289/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area269 sq ft (25 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    17 Feb 2016

    £114,950

    24 Sept 2010

    £83,500

    6 May 2005

    New build

    £91,083

    Key Metrics

    Estimated valuation£132,220
    Value per sq ft / m²£491/sq ft (£5,289/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE1 district percentile34th percentile
    National percentile9th percentile

    District Context — NE1

    NE1 covers Newcastle city centre and its immediate surroundings in Tyne and Wear, positioned as the region's economic and cultural hub. It is a mixed-tenure urban neighbourhood with strong rental demand and a youthful demographic profile.

    Average Property Price - NE1

    £172,297

    6

    National percentile

    Average Net Household Income - NE1

    £588

    0

    National percentile

    10-Year Annualised Price Growth - NE1

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE1

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